Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

Within that FAQ answer, some thought must be put into the issue of flood risk. I will give an example to illustrate my point. I met a lady recently whose property has not been flooded since 1954 but a property on a road around the corner from her has been flooded twice in the last decade. She cannot get any kind of insurance for her home now. Even though she has never been flooded and is unlikely to face flooding in the future, when she goes to sell her house in the future, the market valuation for it will be the same as that for houses that have been flooded. In a situation like that, is it reasonable to include that fact in the valuation put forward by this lady and her neighbours to the Revenue Commissioners?